Argentina's New President Wants to Adopt the Dollar as the National Currency

Re:Argentina's New President Wants to Adopt the Dollar as th... by fluoridation on Monday November 20, 2023 @12:09PM (#38350700)

I'm not sure what you're getting at. The number of people who work directly for someone abroad and are paid in a foreign currency is practically insignificant.

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Re:Argentina's New President Wants to Adopt the Dollar as th... by snapetom on Monday November 20, 2023 @03:18PM (#38354028)

The point was that there is already a bustling black market in Argentina not only for USD, but EUR and Crypto.

https://devonzuegel.com/post/inside-argentina-s-currency-exc...

In cybersec, the Argentinian scene is also one of the hottest producers of zero-day vulnerabilities. Those get paid in crypto, which is then washed to USD/EUR locally.

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Re:Argentina's New President Wants to Adopt the Dollar as th... by fluoridation on Monday November 20, 2023 @03:34PM (#38354278)

Sure, but so what. The vast, vast majority of Argentinians are paid in pesos and can't save.

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